Healthcare Reform mandates an overhaul of the healthcare industry not seen since the advent of Medicare and Medicaid in the 1960’s. As a result of this legislation, physicians and hospitals will be held increasingly financially accountable for the cost, the coordination, and the quality of care that they provide to their patients across providers and sites-of-care.
Many healthcare stakeholders view the Accountable Care Organization (ACO) as the vehicle that will transform the healthcare delivery system. Despite the extensive press that ACOs have received, they remain highly complex and theoretical in nature. The ambiguity surrounding the structure, adoption, and level of success of the ACO model has led to extremes in behavior amongst healthcare organizations, ranging from frenzied activity to paralyzed inaction.
At Blue Consulting Services, we believe that healthcare organizations who cautiously begin the journey towards Accountable Care today will be the most likely to succeed under Healthcare Reform. Conversely, we believe that: organizations that wander off blindly will get lost; those that travel too far down the trail will incur the time and expense of backtracking; and those refusing to embark will be left hopelessly behind. Although the final course of the ACO may not be fully charted, the direction of travel is clear.
Whether your organization is considering or committed to becoming an Accountable Care Organization, let our seasoned consultants support you through the process.